taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

133/Kerr

133-901/Center Point ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 86,172,627 .9323 92,430,148 86,172,627
B. Multi-Family Residences 375,414 N/A 375,414 375,414
C1. Vacant Lots 5,059,177 N/A 5,059,177 5,059,177
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,265,319 .9906 3,296,215 3,265,319
D2. Real Prop Farm & Ranch 1,836,293 N/A 1,836,293 1,836,293
E. Real Prop NonQual Acres 145,720,714 .9643 151,115,539 145,720,714
F1. Commercial Real 18,520,485 .9645 19,202,162 18,520,485
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,534,920 N/A 9,534,920 9,534,920
L1. Commercial Personal 16,268,966 N/A 16,268,966 16,268,966
L2. Industrial Personal 644,290 N/A 644,290 644,290
M. Other Personal 2,425,759 N/A 2,425,759 2,425,759
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 42,299 N/A 42,299 42,299
S. Special Inventory 0 N/A 0 0
Subtotal 289,866,263 302,231,182 289,866,263
Less Total Deductions 45,404,181   50,644,350 45,404,181
Total Taxable Value 244,462,082 251,586,832 244,462,082 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
252,342,583 244,462,082 252,342,583 244,462,082


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,880,501 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
252,342,583 244,462,082 252,342,583 244,462,082

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified